
The second week of March marked a notable moment in crypto history, as Binance closed a $2 billion funding round.
The week’s combined funding exceeded $2.5 billion, with major investments flowing into DeFi infrastructure and multi-chain solutions.
Let’s look into the key investments that happened in the VC funding sector in the last seven days as per Crypto Fundraising data.
Binance, $2 billion
- Binance raised $2 billion from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history.
- The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry into the cryptocurrency and blockchain sectors.
- MGX, known for its focus on AI and advanced technology, said the investment aligns with its strategy to support blockchain innovation and finance.
World Liberty Financial, $550 million
- World Liberty Financial has raised $550 million in its token sale, pushing its total funding close to $600 million so far.
- The decentralized finance project directly tied to the Trump family, has secured $550 million by selling its WLFI tokens, data from ICO Drops shows.
- Last month, crypto.news reported that World Liberty Financial sold over 24 billion tokens, leaving around 950 million tokens available for purchase.
Mesh, $82 million
- Mesh raised $82 million in Series B funding
- The project is backed by Paradigm, Consensys, and Quantumlight
- The project, previously known as Front Finance, has raised $120.5 million so far
RedotPay, $40 million
- Secured $40 million in Series A funding
- The investment was backed by Lightspeed, Galaxy, and HongShan
- RedotPay is developing payment and wallet solutions
Axelar Network, $30 million
- Axelar Network raised $30 million in an unknown round
- The investment was backed by Arrington Capital and Electric Capital
- Axelar Network has raised $143.75 million
Solv Protocol, $10 million
- Solv Protocol secured $10 million in an unknown round
- The project is building a marketplace across multiple ecosystems
- Solv Protocol has raised $32 million so far
Voltix AI, $10 million
- Raised $10 million in an unknown round
- The investment was backed by BLCK Labs
- Voltix AI is building AI infrastructure on Solana (SOL)
Notable crypto VC funding rounds < $10 million
- PoPP raised $6 million for AI identity solutions
- Aura secured $5.50 million in seed funding for AI marketplace
- Captain Tsubasa: Rivals raised $5 million for P2E gaming on TON
- HOPR Token gathered $4.80 million for privacy infrastructure
- Templar Protocol secured $4 million for DeFi lending
- Arda Labs raised $3 million for real-world asset infrastructure
- M10, Obol Labs, and Rakurai each secured $3 million
- Sogni ai raised $2 million for AI art on DePIN
- W3I Software secured $1.50 million for Cardano stablecoins
- Offline Protocol raised $1.10 million for payment infrastructure
- Bubblemaps gathered $800,000 with $20 million FDV for analytics
- Lagom Chain secured $200,000 with $4 million FDV for L1 interoperability
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